31, HAZEL CLOSE, LAINDON, BASILDON, SS15 5GT - £380,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 HAZEL CLOSE is a small terraced house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £491,434. It was last sold for £380,000 in February 2017, which was around 59% above the average February 2017 terraced price in the Basildon local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

31 HAZEL CLOSE Sold Prices

Land registry data shows three sales for 31 HAZEL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Basildon local authority area for the corresponding sale date. All of the three 31 HAZEL CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 1 FEB	£380,000	£239,115	59% above HPI
2010 18 NOV	£225,000	£151,649	48% above HPI
1998 3 FEB	£88,000	£49,419	78% above HPI

31 HAZEL CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Basildon local authority area over time, sourced from the HPI. The three 31 HAZEL CLOSE sales between February 1998 and February 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2010 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the February 2017 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 31 HAZEL CLOSE be worth now?

31 HAZEL CLOSE might now be worth an estimated £491,434.

This is based on house price inflation of 29.3%, between February 2017 and April 2026, for terraced houses, in the Basildon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.3% inflationary increase is applied to the most recent sale price for 31 HAZEL CLOSE of £380,000 on 1st February 2017. For the value to have increased from £380,000 to £491,434 over the eight years and ten months to April 2026, the following assumptions must hold true:

• The value of 31 HAZEL CLOSE has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The February 2017 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 31 HAZEL CLOSE has not materially changed since February 2017.

How Large is 31 HAZEL CLOSE?

31 HAZEL CLOSE is 109m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of terraced houses houses in Basildon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Basildon, and where 31 HAZEL CLOSE lies on this distribution: 40% of terraced houses houses are smaller than 31 HAZEL CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Basildon.

31 HAZEL CLOSE: Plot and Title Map

31 HAZEL CLOSE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 31 HAZEL CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 31 HAZEL CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 31 HAZEL CLOSE?

31 HAZEL CLOSE is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 31 on HAZEL CLOSE.